Dow Jones Pops 900 Points; US Stocks Post Biggest Quarterly Loss Since 2022
2 Articles
2 Articles
Dow Jones Pops 900 Points; US Stocks Post Biggest Quarterly Loss Since 2022
U.S. stocks staged a comeback during the final trading session of March amid the market’s worst quarterly performance since 2022. The blue-chip Dow Jones Industrial Average surged by 900 points, or 2 percent. The index slumped by 4.7 percent in the first quarter. The tech-driven Nasdaq Composite Index soared by almost 700 points, or more than 3 percent. The Nasdaq declined by around 8 percent in the January–March period. The broader S&P 500 clim…
The market celebrates the signs of descaling between Washington and Tehran, although oil, inflation and the Strait of Ormuz continue to mark the true level of risk.
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